Medford, MA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Medford short-term rental market based on reliable data.

Listings

80 / 203

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$42,809

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$856,119

Median Home Sale Price

Top Earners

$72,000

Top-Earners Revenue

Medford

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Medford.

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C

Challenging to Investors

Medford Regulations

STRs are legal but limited to the operator’s primary residence, with a hard 90‑day cap on whole‑unit rentals and a strict occupancy/one‑party rule, alongside a three‑strike enforcement system. The $200 registration fee is modest, but the primary‑residence rule and 90‑day cap significantly constrain investment scalability.

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About Medford

Medford, Massachusetts sits in Middlesex County just northwest of Boston, with a population of approximately 60,000 residents. This established inner-ring suburb blends a small-city feel with the conveniences of a major metropolitan area, and it is best known as the home of Tufts University and as a gateway to the Middlesex Fells Reservation, a large natural preserve on its northern edge. The city lies roughly five miles from downtown Boston, making it a quick trip into the city while still offering a quieter, residential setting.

The Middlesex Fells Reservation is one of the most significant natural escapes in the Boston metro area, encompassing thousands of acres of forests, ponds, and rocky ridgelines that spill across Medford, Melrose, Stoneham, and Winchester. Visitors come for hiking, mountain biking, and kayaking, with Spot Pond and the views from Wright's Tower among the most popular draws. The reservation's main entrances are only minutes from Medford's residential streets, making spontaneous outdoor outings easy for short-term-rental guests.

Tufts University, founded in 1852, anchors the city's western edge and gives Medford a distinct college-town energy. The university's Medford/Somerville campus features rolling green quads, art galleries, and a hilltop setting that overlooks the surrounding neighborhoods. Visitors can stroll the campus, attend public lectures or performances, and explore the surrounding blocks of locally owned bookstores, coffee shops, and restaurants.

Downtown Medford, generally called Medford Square, is the city's historic core and grew up around the banks of the Mystic River. The Cradock Bridge, one of the older stone arch bridges in the country, still carries traffic through the square and stands as a reminder of the city's colonial past. The surrounding blocks hold a mix of small restaurants and storefronts, while riverside paths along the Mystic River connect walkers and cyclists toward Boston Harbor and the broader regional greenway system.

Medford's appeal for short-term rentals lies in the combination of a quiet, established neighborhood character and immediate access to both nature and one of the country's most visited cities. Guests can hike forested ridgelines in the morning, walk a centuries-old bridge in the afternoon, and reach Boston's museums, harbor, and historic landmarks within a short drive or transit ride. For travelers who want a balance of green space, local culture, and urban amenities, Medford offers a versatile and well-connected home base.

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